Eavesdrop> Chicago’s Crater: Is Bjarke Ingels working on a scheme at the Chicago Spire site?

Development, Eavesdroplet, Midwest
Thursday, October 22, 2015
(Photo by Claire Iltis / Flickr; Montage by AN)

(Photo by Claire Iltis / Flickr; Montage by AN)

Since 2008, there has been a giant hole where Santiago Calatrava’s Chicago Spire was supposed to rise some 2,000 feet out of the ground. The project lapsed due to financial woes by Irish developer Garrett Kelleher. The foundation is in place, and it looks like a place where a giant swimming pool or music venue would fit nicely, but AN is hearing that developers are working with Bjarke Ingels’ Danish firm BIG on a possible Spire part to.

Chicago Spire developer moves to settle bankruptcy, revive project

Development, Midwest, News
Friday, February 7, 2014


Chicago’s stalled supertall Spire could rise again, according to the Irish developer who went into foreclosure in 2010 after a protracted legal battle over the project.

Garrett Kelleher’s lawyers on Thursday filed papers in U.S. Bankruptcy Court seeking court approval to move ahead with the Chicago Spire, which remains a hole in the ground at 400 North Lake Shore Drive. Kelleher said a $135 million investment from Atlas Apartment Holdings would allow him to settle bankruptcy claims in full but, as reported in the Chicago Tribune, the court filings don’t say how much more money would be needed to fund the construction of the 2,000-foot-tall condo skyscraper.

Read More

Advertise on The Architect's Newspaper.

Submit your competitions for online listing.

Submit your events to AN's online calendar.



Copyright © 2015 | The Architect's Newspaper, LLC | AN Blog Admin Log in. The Architect's Newspaper LLC, 21 Murray Street 5th Floor | New York, New York 10007 | tel. 212.966.0630
Creative Commons License